Forex Version XIII, Foreign Exchange Market Discussion
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  Apr 12 2014, 10:36 PM
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Senior Member
1,203 posts Joined: Dec 2007 From: Bumi Kenyalang, Kuala Lumpur   
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QUOTE(9kingsir @ Apr 11 2014, 03:46 AM) 9pm till 12am.. The loss is based on price... But normally.. It's about less than 3% of total trade that day.. I hope your 15pips gain is more than 3% then, or else you are not going far https://forum.lowyat.net/style_images/1/fol...icons/icon6.gifCapital is Usd 1k  |
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Apr 13 2014, 12:27 AM
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Senior Member
1,299 posts Joined: Nov 2010
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It a normal logic calculation..win more than lose....MM higher than lose...
If 1k capital... 0.5 per standard lot.. 15pip is around 75buck.. So it's good enough.. |
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Apr 13 2014, 04:54 AM
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Senior Member
685 posts Joined: Aug 2011 From: Fairtex Bangplee
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QUOTE(9kingsir @ Apr 11 2014, 08:38 PM) Anyone recently went to FXNet seminar? detail please |
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Apr 13 2014, 05:08 PM
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Junior Member
25 posts Joined: Jan 2014
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QUOTE(imasuperstar @ Mar 3 2014, 05:01 PM) Have you guys heard about MPA before? My friend recommend me to join. need some advise from you guys here. ya, i just joined recently. they doing very well.  |
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Apr 14 2014, 12:10 AM
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Senior Member
1,299 posts Joined: Nov 2010
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QUOTE(highlowyat @ Apr 13 2014, 04:54 AM) detail please Just went there.. Listen what guru have to say.. Compare.. Hmmm.. Other think the seminar best part is failure swing, double top double bottom, third bottom higher than second bottom is trend for bull.. N vice versa... To me.. Not enough ...I expect more... |
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Apr 14 2014, 03:06 PM
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Junior Member
671 posts Joined: Jun 2008 From: Malaysia our heavenly home
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who use neteller to withdrawn from your account?previously using payoneer card for withdrawing money. heard cannot withdrawn by using neteller..is it true?
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Apr 14 2014, 03:16 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
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QUOTE(9kingsir @ Apr 13 2014, 12:27 AM) It a normal logic calculation..win more than lose....MM higher than lose... If 1k capital... 0.5 per standard lot.. 15pip is around 75buck.. So it's good enough..  Sorry to interrupt. Do you mean you always trade with MM of 0.5 STD LOT per USD 1K? What DD you are having normally? I don't know but for my trading, even 0.05 STD LOT per USD 1K already consider a high risk of trading to me.  |
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Apr 14 2014, 03:22 PM
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Junior Member
56 posts Joined: Jun 2013
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0.05 Lot is reasonable if you are scalping.
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Apr 14 2014, 03:27 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
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QUOTE(forexcoder @ Apr 14 2014, 03:22 PM) 0.05 Lot is reasonable if you are scalping. Yes, but if an Intraday or Swing max reasonable shall be on 0.03 STD LOT per USD 1K. Safer for days average opening, 0.02 STD LOT per USD 1K shall be the best.  This post has been edited by tdoptions1689: Apr 14 2014, 03:30 PM |
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Apr 14 2014, 03:33 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
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QUOTE(tdoptions1689 @ Apr 11 2014, 06:46 PM) As what I expected on my earlier reading, anyone who have followed have to be extra careful now and ready to be exit at anytime. Take more notice on USD/JPY, if it reaches on around 101.2x area, this EUR/AUD or GBP/AUD must be exit without hesitation. I think a closing week of ranging market, so a final EXIT on 1.469x should be the best chosen point and have a nice week of profit. 1 more building on Lower Low for 1 hour, approximately 130 pips for the last entry and last exit point shall be the best. Lastly, hope you guys enjoy the weekend. After earning some, remember to spend it. If you can't spend all, I am ready to help you on spending.   |
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Apr 14 2014, 03:44 PM
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Senior Member
1,299 posts Joined: Nov 2010
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QUOTE(forexcoder @ Apr 14 2014, 03:22 PM) 0.05 Lot is reasonable if you are scalping. should be 0.5 for scalping...yes reasonable...we r the type of scalping and cari makan type... as the fund go higher the lot get higher n we get hotter..  |
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Apr 14 2014, 03:57 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
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Maybe I am not a scalper from the beginning till today so I won't ever consider 0.5 STD LOT are reasonable, seems to me a roller coaster type trading. The reason I don't choose to become a scalper probably I doesn't have a great accuracies strategy. Entering too much trade might bring me more exponential risk. Prefer to enter the 1st small, and larger after the setup was perfect nice. I am more conservative type of investment.
 Good Luck.  This post has been edited by tdoptions1689: Apr 14 2014, 06:14 PM |
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Apr 14 2014, 05:46 PM
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Junior Member
4 posts Joined: Mar 2013
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hey newbie here . very interesting with forex trading..
anyone mind share abit about forex? |
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Apr 14 2014, 06:08 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
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QUOTE(tdoptions1689 @ Apr 14 2014, 03:33 PM) 1 more building on Lower Low for 1 hour, approximately 130 pips for the last entry and last exit point shall be the best. Likely seems we have stronger AUD now. Target at 130 pips achieves, instead of exit the position, probably it is better to activate a trailing of 50 pips, might keep the profit running. Wondering it will build another Lower Low below 1.465x, before building another Lower High. If it does, seems it will continue pushing the price to another low easily to 1.432x…  This post has been edited by tdoptions1689: Apr 14 2014, 06:11 PM |
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Apr 14 2014, 06:19 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
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QUOTE(SportRimSales @ Apr 14 2014, 05:46 PM) hey newbie here . very interesting with forex trading.. Hi,anyone mind share abit about forex? No worry mate. A lot of pro Sifu here very kind heart to share. |
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Apr 14 2014, 07:32 PM
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Senior Member
1,299 posts Joined: Nov 2010
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suddenly.. my name went wild.... some brokers call me...
they know my name, email address and contact number.. they offer 0.5 pip to me...RTT... means if i referral ppl trade.. if the commission is USD 10.00.... i got 5.00 per standard lot... New Zealand broker,Australia broker,cyprusbroker...some is FSP regulated... wow.. seem like soon more broker coming to malaysia |
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Apr 14 2014, 07:41 PM
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Senior Member
1,203 posts Joined: Dec 2007 From: Bumi Kenyalang, Kuala Lumpur
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QUOTE(9kingsir @ Apr 13 2014, 12:27 AM) It a normal logic calculation..win more than lose....MM higher than lose... Win more than lose is a wrong perception, I use to have that kind of mindset during my early days. Below article is the best to describe. No offense bro. But still I believe there are exception in everything.If 1k capital... 0.5 per standard lot.. 15pip is around 75buck.. So it's good enough.. http://www.kjtradingsystems.com/winning_pe...ge_trading.html As for MM, let's assume you are trading std account, 0.5 lot means 1pip=$5. A lost of 20pips= 20x5=$100. 10% gone. Just do the math. ONE MORE THING, I HAVE NOTHING TO DO WITH ABOVE LINK. IT"S JUST AN ARTICLE I FOUND ONLINE. This post has been edited by bulkbiz: Apr 14 2014, 07:43 PM |
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Apr 14 2014, 07:47 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
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QUOTE(bulkbiz @ Apr 14 2014, 07:41 PM) Win more than lose is a wrong perception, I use to have that kind of mindset during my early days. Below article is the best to describe. No offense bro. But still I believe there are exception in everything. Absolutely. Especially if trading on EUR/GBP, each 0.5 on a pip in STD Account cost of USD 7.50 roughly, so a 20 pips will wipe up estimated at USD 150. Even though winning rate of 90% with 10 pips, a single loss of 100 pips will kill someone by the end. Even if its come back after a DD, it is absolutely risky even a single trade each on the MM.http://www.kjtradingsystems.com/winning_pe...ge_trading.html As for MM, let's assume you are trading std account, 0.5 lot means 1pip=$5. A lost of 20pips= 20x5=$100. 10% gone. Just do the math. |
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Apr 14 2014, 07:49 PM
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Senior Member
1,203 posts Joined: Dec 2007 From: Bumi Kenyalang, Kuala Lumpur
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QUOTE(tdoptions1689 @ Apr 14 2014, 06:08 PM) Likely seems we have stronger AUD now. Target at 130 pips achieves, instead of exit the position, probably it is better to activate a trailing of 50 pips, might keep the profit running. Wondering it will build another Lower Low below 1.465x, before building another Lower High. If it does, seems it will continue pushing the price to another low easily to 1.432x… You mean AUD/USD is going down? Don't scare me leh. I am loging this pair since march 24.
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Apr 14 2014, 07:53 PM
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Senior Member
627 posts Joined: Mar 2014 From: Puchong, Selangor, Malaysia
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QUOTE(bulkbiz @ Apr 14 2014, 07:49 PM) You mean AUD/USD is going down? Don't scare me leh. I am loging this pair since march 24. No no no. AUD is getting stronger, good bounce on 4H, DAILY are rallying. It is a good trade mate. I am just wondering how EUR/AUD will go? Building another Lower Low or a Lower High at first. On major support now, I assume it will build another Lower Low, a GREEN on 1H might leads me to close everything. Probably EUR/USD making a move to close the gap.
 This post has been edited by tdoptions1689: Apr 14 2014, 07:57 PM |
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